Companies Act, 1956
Section - 551 - Information as to pending liquidations
Information as to pending liquidations.551. [(1) If the winding up of a company is not concluded within one year after its commencement, the liquidator shall, unless he is exempted from so doing either wholly or in part by the Central Government, within two months of the expiry of such year and thereafter until the winding up is concluded, at intervals of not more than one year or at such shorter intervals, if any, as may be prescribed, file a statement in the prescribed form and containing the prescribed particulars duly audited, by a person qualified to act as auditor of the company, with respect to the proceedings in, and position of, the liquidation,—
[(a) in the case of a winding up by the Tribunal, in Tribunal; and] (b) in the case of a voluntary winding up, with the Registrar :.... To read the full section download the app from Google Play store
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